CitiGroup Global Markets Limited, a prominent entity within the financial services sector, is headquartered in Great Britain. Established as a key player in the investment banking and financial markets industry, the firm has built a strong presence across Europe and Asia, providing a diverse range of services. Founded in the early 2000s, CitiGroup Global Markets has achieved significant milestones, including expanding its trading and investment capabilities. The company offers unique core products such as equity and fixed income trading, as well as risk management solutions, tailored to meet the needs of institutional clients. With a reputation for innovation and excellence, CitiGroup Global Markets Limited has solidified its market position, consistently ranking among the top firms in the industry. Its commitment to delivering high-quality financial services sets it apart in a competitive landscape.
How does CITIGROUP GLOBAL MARKETS LIMITED's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
CITIGROUP GLOBAL MARKETS LIMITED's score of 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Citigroup Global Markets Limited reported total carbon emissions of approximately 14,412,000 kg CO2e. This figure includes Scope 1 emissions of about 3,261,000 kg CO2e, Scope 2 emissions of approximately 4,173,000 kg CO2e, and significant Scope 3 emissions, notably from business travel (about 6,112,000 kg CO2e) and employee commuting (approximately 865,000 kg CO2e). For 2023, the company recorded total emissions of around 10,887,000 kg CO2e from Scope 1 and 2 combined, with Scope 1 emissions at about 3,272,000 kg CO2e and Scope 2 emissions at approximately 6,246,000 kg CO2e. Scope 3 emissions for that year were primarily driven by business travel, amounting to about 6,010,000 kg CO2e. Citigroup has committed to achieving net zero emissions for its global operations by 2030, which encompasses both Scope 1 and 2 emissions. Additionally, the company aims for net zero for Scope 3 financed emissions by 2050. These commitments were announced in March 2021 and reflect a proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. Overall, Citigroup Global Markets Limited is actively working towards significant emissions reductions, with a clear timeline and defined targets to enhance its environmental performance.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 3,021,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,157,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,199,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
CITIGROUP GLOBAL MARKETS LIMITED's Scope 3 emissions, which increased by 16% last year and increased by approximately 13% since 2020, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 48% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 88% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CITIGROUP GLOBAL MARKETS LIMITED has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
